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What impresses me most about McDonald's is the highly effective and efficient incentive structure. You have the franchise owner who is very committed financially and can make a high income, plus lots of low cost labor following a very precise process. And they seem to be able to replicate it at almost any scale. What impresses me least about McDonald's is their ruthless child-targeted advertising. EDIT: in sort of a quaint way the incentive structure is reminiscent of the manorial system. |
https://www.goodreads.com/author_blog_posts/2484147-lessons-...
from Ed Weissman (who's #6 in overall karma on HN)